AUDCAD Looks Bullish , the market has violated the downward counter trend line and broke out of the 5 weeks range on weekly time frame, The MA’S have not yet crossed up on weekly but on daily they have. This could be a potential trend reversal to the upside but key thing i would look for is a higher low formation on my key FIB area. taking a sell now or going short is not advised unless target area is 50%FIB. Comments and suggestion are more than welcomed.


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